Safe-Haven Gold Rises Above $3,000 for the First Time
(Reuters) - Gold pierced through the psychological milestone of $3,000 an ounce on Friday for the first time, building on an historic rally as trade tensions and U.S. rate cut bets supercharge its appeal as a safe store of value. Spot gold was up 0.3% at $2,997.75 an ounce at 1115 GMT after hitting a record high of $3,004.86.
The relentless rise of gold has taken prices of the precious metal above the psychologically key $3,000 per ounce mark for ...
The stock market is in a world of hurt, giving up gains due to worries about tariffs, trade wars, and the threat of recession ...
Gold hits $3,000 mark on trade tensions, economic uncertainty, and Fed rate cut expectations. Analysts point to hidden buyers ...
The renewed demand from the US Dollar (USD) and the US Treasury bond yields also act as a headwind to the upbeat momentum in ...
Gold’s new milestone highlights the metal’s centuries-old role as a store of value in turbulent times and as a gauge of fear ...
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Gold prices extend record run with new highsPrices of gold bars and rings hit new highs Friday morning after breaking records over the last two days. Saigon Jewelry ...
With interest rate speculation dominating headlines, Maharrey urges listeners to shift their focus to the Fed’s balance sheet ...
Gold hit a record high on Friday, as uncertainty over U.S. tariffs and fears of trade tensions propelled prices, along with ...
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